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Cancer list makes tough future for styrene makers

June 15, 2011 7:50 am | by The Associated Press | News | Comments

A Jefferies analyst said Wednesday that chemical companies that make styrene could suffer following its addition to the government's list of cancer-causing chemicals, but the food industry and manufacturers will still need them.Analyst Laurence Alexander said in some cases there are few...

Compressco Partners falls in 1st day of trading

June 15, 2011 7:50 am | by The Associated Press | News | Comments

Shares of Compressco Partners LP fell more than 4 percent in their first day of trading on the Nasdaq stock market.The limited partnership created by the oil and gas contractor Tetra Technologies Inc. raised approximately $54 million before expenses from the IPO. Compressco increased the number...

Dolby sues Blackberry maker RIM over patents

June 15, 2011 7:50 am | by The Associated Press | News | Comments

Dolby International, a unit of audio equipment maker Dolby Laboratories Inc., is suing Research In Motion Ltd. for patent infringement in the U.S. and Germany.Dolby alleges that RIM's Blackberry smartphones and Playbook tablet devices use its patented digital audio compression technology, which...

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Santorum resigns from Universal Health board

June 15, 2011 7:50 am | by The Associated Press | News | Comments

Former U.S. Senator Rick Santorum resigned from the board of Universal Health Services Inc., the hospital operator said Wednesday.Last week, Santorum announced his candidacy for President of the United States.The company, based in King of Prussia, Pa., said Santorum will not be able to provide...

Aveo Pharma to sell 5.8M shares of stock

June 15, 2011 7:50 am | by The Associated Press | News | Comments

Aveo Pharmaceuticals Inc. said Wednesday that it will sell 5.8 million shares of stock for $17.50 per share.The company said it expects to raise $100.6 million from the sale before discounts and expenses. Shares of Aveo have tripled in value over the past year as development of its lead drug...

A Supervisor's Greatest Discovery

June 15, 2011 7:31 am | by Bruce Hamilton, OldLeanDude.org | Blogs | Comments

Paul is a hard worker who has held nearly every position in production. He wants to do the right thing, but he struggles as a supervisor. His employees don’t listen to him and his department is always running behind schedule. I don’t think he’s up to the challenge.

Defector's Tale Stokes Nuke Suspicions

June 15, 2011 7:23 am | by Matthew Pennington, Associated Press | News | Comments

Among the hundreds of thousands who have fled Myanmar and its tyrannical rulers over the years is a military insider who claims he carried a big secret with him: evidence of a hidden nuclear weapons program.

Photos of the Day: The Recycled Racecar

June 15, 2011 7:09 am | by AP | News | Comments

A student drives a Formula 1-style racing car made out of recycled parts during a test drive. Eleven students created the car from scratch.

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Pandora shares soar in first day of trading

June 15, 2011 6:50 am | by BARBARA ORTUTAY - AP Technology Writer - Associated Press | News | Comments

The shares of popular but unprofitable Internet radio service Pandora Media Inc. soared more than 50 percent in its market debut Wednesday.Its shares opened at $20 a share and rose as high as $26 in early trading on Wednesday, up from its offering price of $16. At its high, that valued Pandora...

Government upholds Humana Tricare contract award

June 15, 2011 6:50 am | by The Associated Press | News | Comments

Health insurer Humana Inc. said Wednesday the Government Accountability Office upheld its contract to provide coverage for active duty and retired military members and their families in several Southern states.The Louisville, Ky., company had said in late February it was awarded the contract,...

Virgin picks GE affiliate for engine order

June 15, 2011 6:50 am | by The Associated Press | News | Comments

Virgin America said Wednesday an affiliate of General Electric Co. will build engines for its latest Airbus aircraft order.The low-fare carrier based in California said it wants CFM International's high efficiency LEAP engines for 30 of the 60 Airbus A320s that Virgin ordered in late December....

Boeing to Boost 737 Production Rate to 42 Airplanes per Month in 2014

June 15, 2011 6:40 am | by Boeing | News | Comments

Strong demand continues for the company's single-aisle jetliners These images are available for editorial use by news media.

Airport workers honored for stopping alleged rape

June 15, 2011 5:50 am | by SHEILA V KUMAR - Associated Press - Associated Press | News | Comments

Two aircraft mechanics who came to the aid of a woman they thought was being raped at Denver International Airport say they don't consider themselves heroes — even if there are plenty of people who would disagree."We just kinda did what anybody should do," Mark Adams said.Adams of Denver and...

Christina Aguilera joins Maroon 5 on new single

June 15, 2011 5:50 am | by LYNN ELBER - AP Television Writer - Associated Press | News | Comments

Christina Aguilera and Adam Levine of NBC's talent show "The Voice" are putting their voices together on a new Maroon 5 single.Aguilera is featured with Levine and his band on the tune "Moves Like Jagger," which will be released next week on Apple Inc.'s iTunes.They'll perform the song on the...

J & J cutting back on stents, expects $500M charge

June 15, 2011 5:50 am | by The Associated Press | News | Comments

Johnson & Johnson will cut back on manufacturing and development of heart stents, and will take a charge of $500 million to $600 million as it restructures its Cordis heart device business.The New Brunswick, N.J., company says Cordis will stop making Cypher and Cypher Select drug-coated stents...

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